edgemethods limited
edgemethods limited Company Information
Company Number
10960050
Website
edgemethods.comRegistered Address
2-4 packhorse road, gerrards cross, buckinghamshire, SL9 7QE
Industry
Other information technology and computer service activities
Telephone
447817433643
Next Accounts Due
113 days late
Group Structure
View All
Directors
Stuart Lowe7 Years
Shareholders
stuart richard lowe 70%
adrian robert king 15%
View Alledgemethods limited Estimated Valuation
Pomanda estimates the enterprise value of EDGEMETHODS LIMITED at £1.2m based on a Turnover of £1.7m and 0.72x industry multiple (adjusted for size and gross margin).
edgemethods limited Estimated Valuation
Pomanda estimates the enterprise value of EDGEMETHODS LIMITED at £1.5m based on an EBITDA of £305.1k and a 5.05x industry multiple (adjusted for size and gross margin).
edgemethods limited Estimated Valuation
Pomanda estimates the enterprise value of EDGEMETHODS LIMITED at £0 based on Net Assets of £-394.5k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Edgemethods Limited Overview
Edgemethods Limited is a live company located in buckinghamshire, SL9 7QE with a Companies House number of 10960050. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2017, it's largest shareholder is stuart richard lowe with a 70% stake. Edgemethods Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.
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Edgemethods Limited Health Check
Pomanda's financial health check has awarded Edgemethods Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£6.1m)
- Edgemethods Limited
£6.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (5.1%)
- Edgemethods Limited
5.1% - Industry AVG
Production
with a gross margin of 51.8%, this company has a comparable cost of product (51.8%)
- Edgemethods Limited
51.8% - Industry AVG
Profitability
an operating margin of 17.3% make it more profitable than the average company (4.4%)
- Edgemethods Limited
4.4% - Industry AVG
Employees
with 15 employees, this is below the industry average (38)
15 - Edgemethods Limited
38 - Industry AVG
Pay Structure
on an average salary of £64.2k, the company has an equivalent pay structure (£64.2k)
- Edgemethods Limited
£64.2k - Industry AVG
Efficiency
resulting in sales per employee of £114.1k, this is less efficient (£153.5k)
- Edgemethods Limited
£153.5k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (55 days)
- Edgemethods Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (37 days)
- Edgemethods Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Edgemethods Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 73 weeks, this is more cash available to meet short term requirements (15 weeks)
73 weeks - Edgemethods Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.8%, this is a higher level of debt than the average (62.6%)
147.8% - Edgemethods Limited
62.6% - Industry AVG
EDGEMETHODS LIMITED financials
Edgemethods Limited's latest turnover from September 2022 is estimated at £1.7 million and the company has net assets of -£394.5 thousand. According to their latest financial statements, Edgemethods Limited has 15 employees and maintains cash reserves of £273.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 15 | 15 | 8 | 5 | 8 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 31,317 | 27,423 | 24,012 | 6,414 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 25 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 31,342 | 27,423 | 24,012 | 6,414 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 271,358 | 171,207 | 249,255 | 82,721 | 27,900 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 249,395 | 36,462 | 303 | 0 | 0 |
| Cash | 273,415 | 101,657 | 239,373 | 40,026 | 10,467 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 794,168 | 309,326 | 488,931 | 122,747 | 38,367 |
| total assets | 825,510 | 336,749 | 512,943 | 129,161 | 38,367 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 10,000 | 0 | 0 | 0 |
| Trade Creditors | 67,417 | 25,334 | 38,267 | 14,637 | 1,402 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 125,876 | 190,952 | 365,728 | 691,476 | 493,415 |
| total current liabilities | 193,293 | 226,286 | 403,995 | 706,113 | 494,817 |
| loans | 0 | 29,220 | 50,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,020,762 | 711,871 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 653,137 | 0 | 0 |
| provisions | 5,951 | 5,211 | 0 | 0 | 0 |
| total long term liabilities | 1,026,713 | 746,302 | 703,137 | 0 | 0 |
| total liabilities | 1,220,006 | 972,588 | 1,107,132 | 706,113 | 494,817 |
| net assets | -394,496 | -635,839 | -594,189 | -576,952 | -456,450 |
| total shareholders funds | -394,496 | -635,839 | -594,189 | -576,952 | -456,450 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 9,746 | 8,859 | 6,405 | 1,604 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 313,084 | -41,889 | 166,837 | 54,821 | 27,900 |
| Creditors | 42,083 | -12,933 | 23,630 | 13,235 | 1,402 |
| Accruals and Deferred Income | 243,815 | 537,095 | -325,748 | 198,061 | 493,415 |
| Deferred Taxes & Provisions | 740 | 5,211 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 25 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | -10,000 | 10,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -29,220 | -20,780 | 50,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -653,137 | 653,137 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 171,758 | -137,716 | 199,347 | 29,559 | 10,467 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 171,758 | -137,716 | 199,347 | 29,559 | 10,467 |
edgemethods limited Credit Report and Business Information
Edgemethods Limited Competitor Analysis
Perform a competitor analysis for edgemethods limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SL9 area or any other competitors across 12 key performance metrics.
edgemethods limited Ownership
EDGEMETHODS LIMITED group structure
Edgemethods Limited has no subsidiary companies.
Ultimate parent company
EDGEMETHODS LIMITED
10960050
edgemethods limited directors
Edgemethods Limited currently has 1 director, Mr Stuart Lowe serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Lowe | England | 61 years | Sep 2017 | - | Director |
P&L
September 2022turnover
1.7m
+28%
operating profit
295.4k
0%
gross margin
51.8%
+1.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-394.5k
-0.38%
total assets
825.5k
+1.45%
cash
273.4k
+1.69%
net assets
Total assets minus all liabilities
Similar Companies
edgemethods limited company details
company number
10960050
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2022
previous names
kimit ltd (September 2017)
accountant
-
auditor
-
address
2-4 packhorse road, gerrards cross, buckinghamshire, SL9 7QE
Bank
-
Legal Advisor
-
edgemethods limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to edgemethods limited.
edgemethods limited Companies House Filings - See Documents
| date | description | view/download |
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